I love this photo and immediately thought it would be a great analogy for the recovering real estate market. Steadily and most assuredly the Katy real estate market is making great strides.

Certain areas of Katy, especially those houses south of I-10, are experiencing a very competitive market. In most sections of Cinco Ranch, it is not a buyers market.

Public perception seems to lag behind the current market movement. Sometimes a buyer has to lose several houses when they make low-ball offers before they enter into competitive negotiations.

To tour Katy homes and work with a Realtor who can assist you in selecting a home, navigate repairs and negotiations, call me at 713-818-2404. I have sold Katy real estate for over 21 years. Experience does count!

Katy’s reputation as the nation’s number one “most notable high-growth area” has attracted a major national homebuilder, Columbus, Ohio-based M/I Homes. This top national builder is publicly traded on the New York Stock Exchange (MHO).

M/I Homes now has a model home under construction in Cinco Ranch. It plans to open the model in early April to showcase all-new floor plans and architectural designs created especially for the Houston market after extensive research with local homebuyers.

M/I Homes will offer new homes priced from the $450,000s to $550,000s in Cinco Ranch, with plans ranging from 3,200 to 5,200 square feet. M/I Homes will build on 80-foot-wide homesites in the Cedar Grove Village neighborhood in Cinco Ranch.

Founded in 1976, M/I Homes is one of the nation’s leading homebuilders, currently operating in 10 additional markets outside of Houston, mostly located in the Midwest and Eastern United States.

“With its strong employment base, Houston has one of the most vibrant economies in the United States, and it was a good fit for expansion outside of our current template in the Midwest and Southeast region,” said Dennis Bailey, region president for M/I Homes.

Bailey noted that Katy’s growth was particularly impressive within the Houston region, with the Gadberry Group naming it as the nation’s top high-growth area for 2010.

With its high customer satisfaction ratings from J.D. Power Associates and features such as a 30-year structural warranty on all new homes, M/I Homes is the type of homebuilder that Cinco Ranch developer Newland Communities looks for when expanding the community’s new-home offerings, said Heather Gould, marketing director for Newland Communities.

M/I Homes’ new plans for Cinco Ranch emphasize traditionally styled exteriors with lots of stately curb appeal. With steeply pitched roof lines, these one- and two-story plans blend timeless materials such as stone, brick and stucco. Inside, the plans emphasize dramatic volume spaces such as soaring foyers and wide-open family rooms. The plans combine high-design details with functionality and flexibility.

A rotunda-shaped foyer in one plan, for example, creates a memorable first impression while also providing easy access to several different rooms off the foyer. One plan has a master suite closet with a secret door to the laundry room, providing for convenience while preserving the suite’s privacy!

I’d like to share a very interesting announcement with you.

Keller Williams Premier has been named by the Houston Association of Realtors as the #1 Katy real estate office for closed units sold in 2010.

Keller Williams Premier has also been recognized as #1 in Katy for closed dollar volume in 2010.

Keller Williams Premier is located in Cinco Ranch in the Villagio Shopping Center at the intersection of Peek and Westheimer Parkway. The address is 22762 Westheimer Parkway, Suite 430.

If you are considering a career in real estate, Keller Williams Premier is where you want to be! We are known for exemplary education and we even have profit sharing! For more details and an introduction to our Team Leaders, contact me at 713-818-2404.

Foreclosed and foreclosing properties dominate many of today’s U.S. real estate markets–more than four years after the sharpest observers saw the market shift coming, and more than two years after the reality hit home for millions of American home owners.

While Katy is not suffering like other areas of the country, the number of foreclosures in our hometown has grown substantially. (Pictured above are two foreclosures  currently on the market.)

First-time home buyers make up almost half of all buyers of bank-owned foreclosures and soon-to-be foreclosed short sale properties. They’re followed closely by investors seeking rental properties, and a third important group—homeowners who find they can move up to a bigger or better home they previously could not afford.

The truth is: These markets demand most of the same things an ordinary market demands of buyers–only more intensely and pointedly:

So, bottom line—if you think you want to buy, have a talk with yourself first, check your financial readiness, and get with a foreclosure expert and learn everything you need to know, in order to get what you want in this market.

I am Certified by the National Association of Realtors as a Foreclosure/Short Sale Specialist, a designation held only by an elite group of agents. Please contact me to pursue this lucrative market at 713-818-2404 or via email at juliefuelling@sbcglobal.net.

This coming Saturday, November 20th, from 5:30 to 7:30, LaCenterra and the Katy Chamber of Commerce will present the Seventh Annual “Home for the Holidays” festival and tree lighting ceremony.

Fun for the entire family, “Home for the Holidays” features Alexander and Stanley Elementary School student performances and the Members Choice Credit Union holiday express train. There will be children’s activities, huggable holiday characters and a visit from the Big Guy himself!

The celebration also includes “Bears and Blankets”, a drive benefiting the Salvation Army’s Angel Tree Program. Guests are encouraged to bring new teddy bears and stuffed animals along with new blankets and cold-weather clothing. Items collected during the event will be donated and distributed to area children and seniors.

“Home for the Holidays” will be held at LaCenterra’s Heritage Square, the center courtyard. LaCenterra is located at 23501 Cinco Ranch Blvd.

The secret is out: Pumpkin is the secret ingredient for the first annual Westside Chef’s Throwdown, set for Sat., Nov. 13, from 2-5 p.m. at Katy’s LaCenterra at Cinco Ranch, 23501 Cinco Ranch Blvd.

More than 20 restaurants and food trucks will participate in this family event featuring live music, cooking demonstrations and activities for the little ones.

In a twist inspired by TV’s “Iron Chef”, the chefs will compete for top honors by inventing new dishes featuring pumpkin, while they will also serve up many dishes they are known for.

Event-goers will be able to taste dishes by purchasing a wristband with all proceeds benefiting the Muscular Dystrophy Association’s Houston are summer camps program.

Wristbands can be purchased at the event or online at www.westsidechefsthrowdown.com. Wristbands purchased online are $20 for adults, $10 for children (free under 2), and $50 for a family pack for two adults and two children. Adult tickets will be $25 if purchased at the event, with other prices the same as the online price.

Celebrity judges for the secret ingredient challenge will include High-Tech Texan and radio host Michael Garfield and Houston food writer/radio host Cleverley Stone.

Sponsors include Chesmar Homes; Schwartz, Page & Harding; Perry Homes; Costello, Inc.; CIA Services and Spark Energy. Presenters include Newland Communities, Land Tejas Companies and Trendmaker Development Co.

Restaurants sending their top chefs include:

• H-Town StrEATs Food Truck
• Georgia’s Farm to Market
• Panera Bread
• Rain Forest Cafe
• Polo’s
• Post Oak Grill
• Mia Bella Tatoritta
• Fish City Grill
• Mission Burrito
• Baker Street Pub
• Hasta La Pasta
• Ooh La La Sweets
• The Union Kitchen
• Sweet Tomatoes
• 3 Olives Italian
• Babaloo International Cafe and Bar
• Antonia’s Cucina Italiana

Citizens for Animal Protection (CAP), along with Rover Oaks Pet Resort and LaCenterra at Cinco Ranch are teaming up to present the third annual HOWL-O-Ween Dog Walk and Expo at LaCenterra (23501 Cinco Ranch Blvd.) on October 30, 2010 from 8 a.m. to 11 a.m. Costumed canines, along with their human companions will hit the streets of the premier Katy shopping area for a one-mile walk followed by a spirited costume contest and expo featuring fun for everyone, all while benefitting the animals at CAP.

The first 200 participants will receive complimentary goody bags and a commemorative t-shirt. Additionally, all participants will receive a coupon for a 6-pound bag of California Natural dog food provided by Natura Pet Products and redeemable at Rover Oaks Katy.

Does your pup have the spookiest or kookiest costume on the block?  Give your pooch a chance to strut its stuff in the HOWL-O-Ween Costume Contest!  Whether scary or sweet, your dog will surely be the “bark of the block” while competing for great prizes and treats!

Following the contest, 2 and 4-legged guests can visit the vendor and animal information booths, enjoy complimentary treats and be entered to win great door prizes from Rover Oaks Pet Resort. Prizes include a free weekend of lodging, free obedience training and a complimentary “pet makeover“ from Rover Oaks Pet Resort ‘s posh grooming salon.  Additional door prizes include LaCenterra gift cards, prize packages from Broadstone Grand Parkway, gift certificates from select area restaurants, retailers and much more!

The festivities continue throughout the morning in Heritage Square, LaCenterra’s central courtyard, where you and your pup will enjoy interacting with other lovable, precious pooches while visiting the vendors and information booths!

Learn about the best types of food for your dog from pet nutrition experts, pick up tips on how to shape your pet’s good manners from several professional trainers, have your pup’s pic taken in the pumpkin patch and much more!  If your pet is not microchipped, be sure and take advantage of the low-cost, $30.00 microchipping from CAP!  It’s the only way to be sure pets will find their way home should they get lost and it’s quick and painless.

Looking to adopt or foster an animal in need?  Adoptable animals from CAP will be in attendance and ready to meet their new “forever” families and representatives from Houston-area rescue organizations will also be on hand to talk about available foster and rescue animals.

All proceeds from this event will go towards CAP’s mission of sheltering, rescuing and placing homeless animals, “Speaking for those who cannot speak for themselves!” Avoid any lines and save money by pre-registering for the walk and the contest.  For more information, including official rules, entry fee information or to pre-register, contact Hershey Grace at hersheycap@aol.com or visit www.cap4pets.org.

Japan’s largest homebuilder, Sekisui House, Ltd. and Cinco Ranch’s developer, Newland Real Estate Group, have announced a 500-acre expansion of Cinco Ranch. The land was acquired as a joint venture.

Cinco Ranch is Newland’s top selling, master-planned community. This expansion will add 1,200 new homes. This new section will be delivered in approximately three years as the community’s final southwest neighborhoods are completed.

The expansion is located on the east side of FM 1463 at Corbitt Road in northwest Fort Bend County. With the addition of the land, Cinco Ranch will total 8,092 acres with an expected 14,000 homes at build-out.
 
Located 32 miles west of downtown Houston, Cinco Ranch first opened with new homes for sale in 1991. Over the past 10 years, the community has consistently been rated among the top five best-selling communities in the Houston area. In 2009, Cinco Ranch was the #1 best-selling planned community in the U.S.

Lease activity for LaCenterra at Cinco Ranch has been rising with the Texas temperature this summer. Center management announces that over 11,200 square feet of retail space and almost 9,500 square feet of office space has been leased.  Additions to LaCenterra’s tenant roster include boutiques, restaurants and specialty food retailers, along with business offices. That’s nearly 20,700 square feet of additional services at LaCenterra.

New retailers include Berripop Frozen Yogurt, Fit N Fresh Gourmet, Otto’s Deluxe Grille and Paper Lane Stationery and Gifts.  Relocating business offices to LaCenterra include the Law Office of Scott P. Callahan, P.C. and Woodco Fund Management.

Berripop Frozen Yogurt has leased 1,540 square feet of center space for a new location.  Born in the great state of Texas in December 2007, Berripop offers parfaits, Hawaiian shaved ice, signature smoothies and -of course – fresh, all-natural non-fat yogurt with healthy toppings.  Guests will find the latest music videos played on flat screen televisions and free Wi-Fi in this bright, modern yogurt shop.  Berripop will open in early September in Ste. E100, also overlooking Heritage Square.

Business partners, Mike Rizutto of Sugar Land and Al Gross of Round Rock have leased just over 2,000 square feet of retail space for Fit N Fresh Gourmet.  The specialty food store will offer freshly prepared healthy meals and customized meal plans.  Katy area residents dreaming of a personal chef need look no further when Fit N Fresh Gourmet opens for business in Ste. R100 in mid-October.

Houston’s famed Otto’s Barbecue and Hamburgers will open a new concept restaurant: Otto’s Deluxe Grille.  The rustic 2,648-square-foot eatery will offer certified Angus burgers, gourmet salads and sandwiches along with comfort food favorites including chicken fried steak, real mashed potatoes, homemade cobbler and, of course, Otto’s acclaimed brisket and sausage.  The new “finer dining-comfort food” concept will also feature weekend fish and seafood specials.  The restaurant will serve their famous weekend breakfast from 7:00 a.m. – 11:00 a.m, Saturday and Sunday.  While an official date has not been announced, a late October opening is anticipated.  Otto’s Deluxe Grille will open in Ste. D100 and will offer restaurant and patio seating overlooking LaCenterra’s central courtyard, Heritage Square.

Mother and daughter-in-law duo Janice and Chris Therrien have leased 1475 square feet of retail space for Paper Lane Stationery and Gifts too! The colorful store will give residents a reason to celebrate by offering custom invitations, stationery and greeting cards from notable names including Crane & Co., William Arthur, Tickle Bellies, Bella Ink, Inviting Company, Kate Spade and Vera Wang.  They will also stock artfully designed paper products and gifts from Caspari, CR Gibson, Mudpie and Illume candles.  Planners, journals, pens and desk accessories from makers such as momAgenda, Moleskine, Retro 151 and Pierre Belvedere are other gift ideas. Paper Lane Stationery and Gifts too! is scheduled to open in Ste. D120, between Otto’s Deluxe Grille and The Wine Next Door, in late September.

The Law Office of Scott P. Callahan, P.C. has just relocated from its Galleria/Uptown location to LaCenterra.  Attorney Scott Callahan has leased over 1,200 square feet of office space in Suite B240. The Law Office of Scott P. Callahan, P.C., a personal injury trial law firm, is devoted to representing victims and their families in wrongful death and catastrophic personal injury cases.  Most recently, Mr. Callahan was instrumental in forcing a nationwide recall of the product Stand ‘N Seal from stores due to consumer deaths and severe lung injuries.  Mr. Callahan is on the Board of Directors of the Texas Trial Lawyers Association and a member of the American Association for Justice, Houston Trial Lawyers Association, and State Bar of Texas.

Woodco Fund Management, a private asset management company firm, leased just over 1630 square feet of office space.  Woodco Fund Management relocated to the Katy area from its Dairy Ashford address in Houston.  Doors have recently opened for business in Ste. B225.

LaCenterra at Cinco Ranch is located at 23501 Cinco Ranch Boulevard and Grand Parkway in Katy, Texas.  Center hours: 10:00 a.m. – 9:00 p.m. Monday – Saturday and 12:00 p.m. – 6:00 p.m. on Sundays.  Individual store hours may vary.

To tour Cinco Ranch homes or other Katy houses, contact me via this blog or phone  (713) 818-2404. You can also search the entire MLS from this site. I have sold Katy real estate for over 21 years and would greatly enjoy working with you.

I received the following letter from LaCenterra in Cinco Ranch:

“We’re currently working on an in-depth market research project that will help us answer the question, “What is best for LaCenterra’s Phase II?” More importantly, it will help us determine what residents want and what the greater Katy area needs.

Please let us know what you think by taking our survey. Your input will help guide us in the pursuit of additional retail, restaurant and entertainment components for Phase II. It will also give us hard data to present to national retailers to let them know that Katy is ready to support an entrance into the market.”